China Extends Waiver on Port Construction Fees

June 24, 2020

© William Messing / Adobe Stock
© William Messing / Adobe Stock

China’s Ministry of Finance said on Wednesday it would extend a waiver on port construction fees for imported and exported cargoes until the end of 2020 from June 30.

The ministry will also extend a reduction in fees paid to the compensation fund for ship pollution until the end of this year.

The move is part of Beijing’s efforts to help business resume amid the coronavirus pandemic and to shore up its export industry.


(Reporting by Muyu Xu and Beijing Newsroom; Editing by Christian Schmollinger)

Logistics News

Xeneta: Weekly Ocean Container Shipping Market Update

Xeneta: Weekly Ocean Container Shipping Market Update

Argentinian Grain Ports Operate Normally Post Strike

Argentinian Grain Ports Operate Normally Post Strike

Konecranes Introduces Gottwald ESP.4 Mobile Harbor Crane

Konecranes Introduces Gottwald ESP.4 Mobile Harbor Crane

Argentine Labor Strike Hits Ports

Argentine Labor Strike Hits Ports

Subscribe for Maritime Logistics Professional E‑News

US sanctions on Serbian NIS Oil Company until March 20, 2019
Trump will travel to China in the next month to discuss US tariffs
Trucks form 39-km line to deliver soybeans to Brazil's Miritituba river terminals